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For Companies At a Glance
- Tasks: Manage product categories to boost sales and customer satisfaction.
- Company: Join Memento Exclusives, a leader in sports memorabilia partnerships.
- Benefits: Enjoy competitive salary, healthcare, life insurance, and a pension plan.
- Why this job: Be part of an innovative team that connects fans with their favorite sports.
- Qualifications: 3+ years in retail category management; strong analytical and negotiation skills required.
- Other info: Office-based role in Bugbrooke, requiring on-site presence 5 days a week.
The predicted salary is between 36000 - 60000 £ per year.
Salary up to £50,000 depending on experience.
Who are Memento Exclusives?
Memento Exclusives is legitimising the world of sports memorabilia, working as officially licenced partners to sports including Formula 1, UFC, MotoGP and UEFA. From show cars and simulators to signed equipment, clothing and re-engineered collectables; our innovative offering is constantly evolving to help fans Own The Moment – bringing every person closer to the sports, teams and athletes they love.
Where are we based?
Bugbrooke, NN7 3SB
This is an office-based role which requires you to be on site 5 days per week. Please consider your commute, time and costs from your location to the office which is based just over 10 miles from Silverstone Circuit.
Position Overview:
As a Category Manager you’ll be responsible for managing a specific category of products within our commercial team. The main goal is to optimize sales, profitability and customer satisfaction by selecting the right product assortment, pricing strategies, and promotional activities.
Key Responsibilities:
Category Strategy & Reporting
- Develop and execute category strategies to maximize sales and profitability looking at sales vs Forecast and forecast
- Analyse market trends, consumer preferences, and competitor activities to identify opportunities.
- Set pricing, promotions, and markdown strategies based on sales data, profit margins and aged / dead stock
- Issue royalty and sales reports for licensors and consignors
Product Planning, Purchasing and replenishment Management
- Determine product mix for range plans and allocate appropriately
- Collaborate with suppliers and product team to source new products
- Maintain optimal inventory levels to ensure availability without overstocking.
- Create line forecast per quarter
- Create and maintain Sales forecast and present in trade meetings
- Take responsibility for purchase budgets and purchase requisitions
- Track product lead times to ensure timing delivery
- Responsible for replenishment requisitions
- Track product intake – receipts vs the plan
Sales & Performance Analysis
- Monitor category performance using sales reports, margin analysis, and key performance indicators (KPIs).
- Set RRP’s and determine margins
- Identify underperforming products and implement corrective actions
- Work closely with merchandisers to improve category performance.
Vendor & Supplier Management
- Build and maintain relationships with suppliers to negotiate pricing, terms, and promotional deals.
- Ensure suppliers meet quality and delivery standards.
- Manage all enquiries relating to the category from customer service or the sales team.
Marketing & Promotions
- Collaborate with the sales team to plan category-specific promotions and advertising.
- Propose budgets for paid social and PPC.
Qualifications & Skills:
- Experience:
- 3+ years in retail category management, merchandising, or buying roles.
- Experience working within a licensing framework.
- Experience with Sports Retail and/or Memorabilia or Collectable Products.
- Skills:
- Strong analytical and decision-making abilities.
- Proficiency in data analysis and forecasting.
- Excellent negotiation and vendor management skills.
- Knowledge of category management software and tools.
- Strong communication and collaboration skills.
Our Rewards and Benefits Package:
As well as a competitive salary, you will enjoy a benefits package including:
- Company funded Life Insurance
- Healthcare Benefits including Private Medical Insurance
- Company Pension
- Referral Scheme
Want to find out more about us?
Please use the link below 👇:
https://mementoexclusives.com
Category Manager employer: Memento Exclusives
Contact Detail:
Memento Exclusives Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Category Manager
✨Tip Number 1
Familiarize yourself with the sports memorabilia market. Understanding current trends and consumer preferences will help you stand out during interviews, as you'll be able to discuss relevant insights and demonstrate your passion for the industry.
✨Tip Number 2
Network with professionals in the category management field. Attend industry events or join online forums related to sports memorabilia and retail management. Building connections can lead to valuable referrals and insider information about job openings.
✨Tip Number 3
Prepare to discuss your analytical skills in detail. Since the role requires strong data analysis and forecasting abilities, be ready to share specific examples of how you've used these skills to drive sales and improve product performance in previous roles.
✨Tip Number 4
Research Memento Exclusives thoroughly. Understand their product offerings, partnerships, and market positioning. This knowledge will not only help you tailor your approach but also show your genuine interest in the company during the interview process.
We think you need these skills to ace Category Manager
Some tips for your application 🫡
Understand the Company: Before applying, take some time to understand Memento Exclusives and their role in the sports memorabilia market. Familiarize yourself with their products and partnerships to tailor your application.
Highlight Relevant Experience: Make sure to emphasize your 3+ years of experience in retail category management or similar roles. Use specific examples that demonstrate your analytical skills, decision-making abilities, and vendor management experience.
Showcase Your Skills: Clearly outline your proficiency in data analysis and forecasting. Mention any relevant software tools you are familiar with, as well as your strong communication and collaboration skills.
Tailor Your Application: Customize your CV and cover letter to reflect the key responsibilities and qualifications mentioned in the job description. Use keywords from the listing to ensure your application stands out.
How to prepare for a job interview at Memento Exclusives
✨Understand the Company and Its Products
Before your interview, take some time to research Memento Exclusives and their product offerings. Familiarize yourself with their partnerships in sports memorabilia and think about how your experience can contribute to their mission of helping fans 'Own The Moment'.
✨Showcase Your Analytical Skills
As a Category Manager, strong analytical abilities are crucial. Be prepared to discuss specific examples from your past roles where you successfully analyzed market trends or sales data to make informed decisions that improved category performance.
✨Prepare for Negotiation Scenarios
Since vendor management and negotiation are key responsibilities, think of instances where you've negotiated pricing or terms with suppliers. Be ready to explain your approach and the outcomes of those negotiations.
✨Demonstrate Collaboration Skills
Collaboration with various teams is essential in this role. Prepare to discuss how you've worked with sales, marketing, or product teams in the past to execute successful promotions or product launches, highlighting your communication skills.
